User Account

All Pages

What was the cost of goods manufactured for the month

Assignment Help Managerial Accounting
Reference no: EM132502324

Question 1: James Company's costs for the month of August were as follows: direct materials, $27,000; direct labor, $34,000; selling, $14,000; administrative, $12,000; and manufacturing overhead, $44,000. The beginning work in process inventory was $16,000 and the ending work in process inventory was $9,000. What was the cost of goods manufactured for the month?

Option a. $105,000

Option b. $132,000

Option c. $138,000

Option d. $112,000

Reference no: EM132502324

Questions Cloud

Find what was the cost of goods manufactured for the month : Find What was the cost of goods manufactured for the month? Last month Dallas Manufacturing Company had the following operating results
Estimated overhead cost in the activity cost pool : Computed for each activity cost pool by dividing the estimated overhead cost in the activity cost pool by the total expected activity for the activity cost pool
Indifferent between two projects : At what rate would you be indifferent between these two projects? Which project will you take if the required return is 10%.
Compose a set of recommendations for a future project : Compose a set of recommendations for a future project dealing with similar technical size and scope - Major or significant deviations from the original project
What was the cost of goods manufactured for the month : The beginning work in process inventory was $16,000 and the ending work in process inventory was $9,000. What was the cost of goods manufactured for the month?
How the product costs differ from period expenses : How the Product costs differ from period expenses? period expenses are not considered part of operating expenses for a manufacturing company
Demonstrate the unadjusted cost of goods sold : Compute the unadjusted cost of goods sold. (Blanca uses a normal costing system). Blanca Corp has the following information.
What is the profit or loss associated with copper : Allocate the joint costs using relative weight. With these costs, what is the profit or loss associated with Copper?
Non -repudiation and anonymity protocols : Non -Repudiation and Anonymity Protocols and Authentication Protocols - definition of a metric for measuring the probability of the leakage of data from compute

Reviews

Write a Review

Managerial Accounting Questions & Answers

  COMM 210 Introduction to Management Accounting Assignment

COMM 210 Introduction to Management Accounting Assignment - Budget Project, Homework Help, University of Saskatchewan, Canada. Prepare a Base Case Master Budget

  Journal entries to record the purchase of the raw material

What is the materials quantity variance for the month and prepare journal entries to record the purchase and use of the raw material during the month.

  Which cost systems would companies use

Recognize which costing system - job order or process cost - the following companies would use:

  Find the cost per equivalent unit for conversion costs

There were 13,000 units in the ending work-in-process inventory of the Welding Department that were 60% complete with respect to conversion costs. A total of $575,360 in conversion costs were incurred in the department during the month.

  Compute the required minimum rate of return

Mellie Computer devices inc. is considering the introduction of a new printer. The company's accountant had prepared an analysis computing the taget cost per unit but misplaced his working papers.

  Determine the price per share

Summit Systems will pay a dividend of $1.54 one year from now. If you expect? Summit's dividend to grow by 5.8 % per? year, what is its price per share if its e

  What will summary journal entry to record raw materials use

What will the summary journal entry to record raw materials used look like? In January, Reyes Tool & Die requisitions raw materials for production

  Is it possible for a retail store such as apple

Is it possible for a retail store such as Apple to use variances in analyzing its operating performance?

  Report activity based costing-management

Write a report to the management team that explains how activity-based cost and management systems (ABC and ABM) would enable the management team to manage their business to achieve the goals of enhanced profits and satisfied customers.

  What equivalent cost per unit for conversion cost using fifo

7,000 units (100% complete for materials, 50% for conversion). The equivalent cost per unit for conversion costs using the FIFO method would be

  Review standard costs - wake up and smell the coffee

Review the Standard costs: wake up and smell the coffee. article. When evaluating performance, many organizations compare current results with the actual results of previous accounting periods. Is an organization that follows this approach likely ..

  While income has increased in fiscal

While income has increased in fiscal 2012, is it clear that the company's performance has improved?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd